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Friday, February 19, 2016 12:05:56 AM
NJ isn't done dropping just yet, Heavy. The 30 minute chart shows that the FE 100 hasn't been hit yet as it's consolidating below the FE 61.8.
It's completed 5 waves down, but we need to see at least a 1-2 movement and possibly a 3-4 to get the best long entry there. Wave 4 is best as usual since price could continue to drop until the 4th wave is complete.
30 minute chart...
It's completed 5 waves down, but we need to see at least a 1-2 movement and possibly a 3-4 to get the best long entry there. Wave 4 is best as usual since price could continue to drop until the 4th wave is complete.
30 minute chart...
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